Seafood and Changes in Consumption

Because in today's business reality many people prefer to spend more time at home and cook their own food, the demand for easy-to-prepare processed seafood has grown.

Wednesday, October 28, 2020

At a global level, changes in consumer behavior have been reported, because of the quarantines decreed in several countries of the world by the outbreak of covid-19, people's habits, tastes and preferences have been changing.

See "Food for shrimp: Players in Central America"

The fear of catching the disease when visiting a restaurant, caused many consumers to choose to prepare their food at home and avoid meals outside the home.

The increased demand for processed seafood that is easy to prepare has created opportunities for producers in the region.

You may be interested in "Seafood is gaining ground in Central America"

Maria Olga Menendez, manager of the Aquaculture and Fishing sector of the Guatemalan Exporters Association (Agexport), told Prensalibre.com that "... exports have increased when there is more added value, and it shows that these are the options consumers are looking for now that they spend more time at home and preparing their food."

Prensalibre.com reviews that "... the pandemic forced a change in consumption behavior, for example, customers started looking for cooked, easy-to-handle products such as bags and boxes of ready-to-eat shrimp, and the industry was able to respond to those needs."

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More on this topic

Consumer Habits: Growing Interest in Seafood

September 2020

Since March, when the first cases of covid-19 were detected and consumption patterns began to change, interest in seafood rebounded in all markets in the region and by the end of August the volume of interactions associated with the issue continued to rise.

Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long-term demand trends for the different products, sectors and markets that operate in the region.

Fishing Sector: Opportunities for the Region

September 2020

The growing uncertainty about the safety of seafood products exported from China, one of the world's leading producers, could represent an opportunity for Central American countries to gain some insight into the global market.

In this context of new commercial reality, the retail channel will continue to be the main demander in the short term for products that are easy to prepare such as tilapia, salmon, trout, shrimp and others with which consumers feel more comfortable cooking at home.

Nicaragua: Sales Figures for Frozen Shrimp

August 2018

In the first quarter of the year, companies in the country exported $32 million worth of frozen shrimp and langoustine, registering a 64% increase with respect to exports in the same period in 2017.

Figures from the information system on the Frozen Shrimp and Langoustine Market in Nicaragua, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Sharp Rise in Frozen Shrimp Exports

April 2018

In the first nine months of 2017, Honduras exported $185 million worth in shrimp and frozen shrimp, 30% more than in the same period in 2016.

Figures from the information system on the Shrimp and Frozen Shrimp Market in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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